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Wednesday, 22 May, 2019

Urban Outfitters reports record Q1, new clothing rental service announced

Urban Outfitters Inc. reported record first-quarter sales on Tuesday, but it was its foray into the rental subscription market that really had people talking.

Nordstrom reports plummeting first-quarter earnings, sets date for NY flagship opening

The department store retailer posted disappointing first-quarter results on Tuesday, as slipping sales were compounded by mounting costs, and also announced the opening date of its upcoming NYC flagship.

J.C. Penney sales fall short, net loss doubles; Shawn Gensch named new CCO

Same-store sales fell more than expected at J.C. Penney Co Inc in the first quarter and its net loss nearly doubled after the retailer exited its appliance and in-store furniture businesses.

Milan faces a men's fashion week without Prada

Milan has lost Prada, MSGM and N°21. Giorgio Armani, however, will be there in force, both opening and closing the event, which welcomes four new names: Youser, David Catalan, Edithmarcel and Miguel Vieira.

PVH appoints Stefan Larsson to newly created role of president

The owner of brands including Calvin Klein and Tommy Hilfiger announced on Tuesday that it has appointed the former Ralph Lauren CEO to the newly created role of president.

Global shoppers return to Europe after terror-linked slump says Planet
The impact of terrorist attacks in Europe on global shoppers’ desire to visit the region appears to have all but gone with Europe-wide sales to international shoppers up by 11% in April after an 8% drop last April.

3:42 AM | Fashion - Ready-to-wear | Retail

Global shoppers return to Europe after terror-linked slump says Planet
Lulu Guinness launches on-site social commerce as UGC importance rises
Handbags and accessories specialist Lulu Guinness is launching on-site social commerce with content tagged #HowDoYouLulu from Instagram being tracked down at speed and displayed on the brand’s website.

3:07 AM | Fashion - Accessories | Retail | Business

Lulu Guinness launches on-site social commerce as UGC importance rises
M&S sees progress despite weaker sales, hails its fashion hits, says e-tail is strong
M&S sales fell again last year but net profit rose and it saw recovery "green shoots" with fashion e-tail up. And a per Una relaunch is coming, as well as plans to address supply issues that have hurt fashion sales.

2:42 AM | Fashion - Ready-to-wear | Business

M&S sees progress despite weaker sales, hails its fashion hits, says e-tail is strong
Nike ditches shoe design after Panama's indigenous Guna protest
US sportswear giant Nike said Tuesday it was withdrawing its latest shoe after Panama's indigenous Guna community accused it of "pirating" a protected traditional design.

2:25 AM | Fashion - Footwear | Design

Nike ditches shoe design after Panama's indigenous Guna protest
Walmart to make first direct pitch to big corporate ad buyers at New York event
Walmart will meet large consumer goods companies and advertising firms for the first time in New York next week to pitch its advertising business, as it plans to become a platform for other companies to reach customers.

2:21 AM | Fashion - Miscellaneous | Business

Walmart to make first direct pitch to big corporate ad buyers at New York event
Benetton family holding company CEO Marco Patuano departs
The Benetton family’s holding company will not replace its departing CEO, giving the second generation of the family a bigger role in managing its economic empire, a source close to the matter said.

12:33 AM | Fashion - Ready-to-wear | Appointments

Benetton family holding company CEO Marco Patuano departs
Bangladesh garment unions say new factory oversight deal risks worker safety
The end of an international arrangement aimed at ensuring the wellbeing of Bangladeshi garment workers is likely to undermine safety by making factory owners responsible for maintaining standards.

12:24 AM | Fashion - Ready-to-wear | Industry

Bangladesh garment unions say new factory oversight deal risks worker safety
Bandier opens Los Angeles flagship
Bandier, the women’s athleticwear retailer founded by Jennifer Bandier in 2014, has established its first store on the West Coast with the opening of its Los Angeles flagship.

11:26 PM | Sports | Retail

Bandier opens Los Angeles flagship
Express taps former Macy's veteran for CEO role
American fashion retailer Express announced on Tuesday the appointment of Timothy Baxter as chief executive officer, starting June 17.

9:46 PM | Fashion - Ready-to-wear | Appointments

Express taps former Macy's veteran for CEO role
Addition Elle hires new design director, debuts concept store
The size-inclusive brand announced on Tuesday the appointment of Andy Thê-Anh as design director and the opening of a new concept store at the brand’s Carrefour Laval location in the outer skirts of Montreal.

8:25 PM | Fashion - Ready-to-wear | Retail | Appointments

Addition Elle hires new design director, debuts concept store

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